Generational Care

Analysis

Generational Care is a registered charity in United States, based in Richland, WA. It received its IRS tax-exemption ruling in July 1974, 52 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Generational Care reported income of $38.0m and spending of $36.6m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $24.0m to $38.0m (+59%), an average of +12% a year. The sharpest change came in the year to December 2020, when income rose by 22%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Generational Care sits at the 99th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within WA. Charities of a similar size with the same main cause include Willamette View Manor Inc ($38.0m), Area Agency on Aging of Palm Beach- Treasure Coast Inc ($38.1m) and Kansas City Hospice Inc ($37.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 2.3% of the total. Compensation of current officers, directors and key employees was $572k (1.6% of expenses). Other salaries and wages came to $24.5m. At year end it held assets of $18.2m against liabilities of $5.5m, net assets of $12.7m. It reported 978 employees.